The Tough Go Shopping

ICOS Corp. Gets former Nordstrom CFO
Jennifer CaplanJanuary 12, 2001
  • Playing the Stein Way: Bothell, Wash.-based biotech firm ICOS Corp. appointed Michael A. Stein as VP and CFO. A 25-year finance veteran, Stein has held CFO positions at Marriott International Inc. and most recently at Nordstrom Inc.
  • Allies In Arms: Vienna, Va.-based defense and commercial electronic security firm Allied Research Corp. named retired U.S. Army Major General John Meyer as its new EVP, COO, and CFO. The CFO position was newly created for Meyer, who joins acting chief accounting officer Karen Bauer in handling the company’s finances.
  • Dusting Hoffman: MTS Systems Corp. announced that CFO David Hoffman resigned after 18 months with the Eden Prairie, Minn.-based company. The provider of engineering services, equipment and software appointed Arlyn Lomen, former CFO of Minneapolis-based Damark International and Genmar Holdings as interim CFO. Hoffman made $218,000 in FY2000.
  • Bull’s Eye: Targeted Genetics Corp., a Seattle-based developer of gene therapy products and technologies, announced the resignation of CFO James Johnson, who will leave the company by the end of January to run finance at a private biopharmaceutical company. Targeted Genetics did not say who would succeed Johnson. In 1999, Johnson made $240,000 in salary.
  • Removing a Link: Inc., a San Jose, Calif.-based provider of wireless infrastructure, appointed Charles K. Dargan II to the CFO post. consolidated Dargan’s position as executive VP of finance with that of CFO in a cost-saving initiative. Dargan replaces William A. Mahan as CFO. Mahan will serve as a consultant to the company. Before joining more than two years ago, Dargan was managing director of corporate finance for The Seidler Cos. Inc., a private brokerage and investment banking firm.
  • Hot Off the Press: Commercial printing firm Consolidated Graphics Inc. named Wayne Rose as CFO. Rose joins the Houston-based firm from steel and aluminum products manufacturer Quanex Corp., where he was a unit president and former CFO. He worked for Quanex for 18 years. Rose replaces Chris Coliville, who resigned in September.